There are good arguments for and against an imminent interest rate cut.. A rate cut would signal to the market that the RBA is still determined to get inflation back within the target band.
And the market wants to wait for the more definitive signal. rba now says it is looking for an “accumulation of additional.
–>RBA Minutes suggest rate cuts are not imminent; Euro ignores the "relative optimism" of the ZEW survey to focus on ECB headlines RBA keeps calm and carries on – Citi analysts remain highly skeptical of the "heated" debate among RBA watchers about whether changes to the final paragraph of the RBA statement signaled earlier in March represents a more dovish policy guidance.
THE Reserve Bank of Australia (RBA) has used the minutes of its monthly board meeting to signal that another interest rate cut is possible. Personalise your weather Go The Commonwealth Bank jumped on signals from the central bank on Tuesday that more interest rate cuts are imminent, forecasting rates will hit a record low of 0.75 per cent before Christmas.
The Reserve Bank of Australia (RBA) is open to further rate cuts should they be needed, according to the minutes of its August 6 meeting. "Regarding the communication of this decision, members.
The Commonwealth Bank jumped on signals from the central bank on Tuesday that more interest rate cuts are imminent, forecasting rates will hit a record low of 0.75 per cent before Christmas. RBA governor Philip Lowe: the bank says employment is unlikely to grow faster than population growth.
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The Reserve Bank cut its forecasts for consumption and economic growth in May and has warned that if the unemployment rate, which currently sits at 5.2 per cent, does not improve then considering.
The Reserve Bank has signaled further rate cuts are imminent as it looks to jolt the economy out of a stupor and drive down unemployment. Delivering one of its most sombre assessments in years, the RBA said employment was unlikely to grow faster than population growth – meaning wages are unlikely to rise without further stimulus and the jobless rate will remain steady rather than fall.
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